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-0.000305950741930488 -0.000305950741930488 -0.000917852225791682 -0.00122380296772217 -0.00107082759675704 -0.00336545816123602 -0.00405384733057979 -0.00734281780633324
Stock impact report

Kroger countersues rival Albertsons after demise of $25 billion merger [CNBC]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: CNBC
U.S. grocery chain countersued rival on Tuesday, escalating a legal fight between the two companies following the demise of their that was in December. terminated the bid to merge immediately after the deal was blocked and sued Kroger, alleging a breach of contract that led to the deal's demise. The formal termination ended a two-year effort by the grocery chains to combine. Regulators had noted that the deal would lead to higher prices for shoppers. Albertsons was engaging in a campaign with divestiture buyer C&S Wholesale Grocers to pursue its own regulatory strategy, according to Kroger. In December, Albertsons asked for billions of dollars in damages along with a $600 million termination fee. Kroger had called the claims bas Read more
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